United International Transportation Co. (Budget Saudi) (4260) — Financial Analysis & Intrinsic Value · TASIV

United International Transportation Co. (Budget Saudi) intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Transportation. Listed on Saudi Exchange Tadawul.

Company Overview

United International Transportation Company, operating under the Budget brand in Saudi Arabia, provides vehicle leasing, rental, and used car sales through Leasing, Rental, and Used Car segments. Services include short- and long-term car rental, corporate leasing, and chauffeur services, alongside heavy vehicle rental and goods transportation services. The company was founded in 1978 and is headquartered in Jeddah.

Valuation Model

TASIV estimates this company's intrinsic value using a discounted earnings model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 57.78 compared to a market price of SAR 30.72 (Trading significantly below DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Revenue grew considerably faster than net income over the three-year period, increasing by about 76% compared to net income's 25% increase, indicating profitability grew at a much slower pace than sales. Operating cash flow increased at an even faster rate than revenue, growing from a small base to a substantially larger figure by the final year. Overall, the company's historical financial performance shows substantial revenue growth outpacing a more moderate increase in net income, alongside a sharp increase in operating cash flow.

Dividends

Dividend per share fluctuated over the 5-year recorded period, ranging between SAR 0.5 and SAR 2, and ended at SAR 0.5 versus SAR 1.8 at the start. Payments have been made on a Semi-Annual basis throughout this period. Overall, the company's per-share dividend has varied year to year without a consistent direction. Current dividend yield is approximately 4.88%, with a payout ratio of approximately 45.35%.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is High (72/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of United International Transportation Co. (Budget Saudi) (4260) according to TASIV's model?

Based on TASIV's discounted earnings model, the estimated intrinsic value of United International Transportation Co. (Budget Saudi) is approximately SAR 57.78, compared to a current market price of SAR 30.72. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does United International Transportation Co. (Budget Saudi)'s current market price compare to TASIV's model value?

According to TASIV's model, United International Transportation Co. (Budget Saudi) is currently "Trading significantly below DCF model value".

What is the dividend yield for United International Transportation Co. (Budget Saudi) (4260)?

United International Transportation Co. (Budget Saudi)'s dividend yield is approximately 4.88%, with a payout ratio of approximately 45.35%, based on TASIV's most recent verified data.

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